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No drop in US consumer demand; 300,000 TEUs more deployed in 2022
27 Jan 2022 12:07 PM ISTContainer capacity deployed in the four-week period in 2022 on the Asia-North America West Coast is 1.29 million TEUs, a massive 300,000 TEU higher...
Container turnaround time accelerates in Asia but congestion in US/Europe ports delay supply chain recovery
11 Jan 2022 7:26 AM ISTContainers are moving in and out of China at record speeds as shippers desperately source capacity but port congestion in Europe and the US continues...
Drewry WCI increased 1%, indicators point to another bullish year for freight
10 Jan 2022 1:07 PM ISTDrewry’s composite World Container Index (WCI) increased 1.1 percent to $9,408.81 per 40ft container for the week to January 6, 2022.
CME container freight futures to use FBX rates
17 Dec 2021 3:37 PM ISTSix daily Freightos Baltic Index (FBX) indices managed by the Baltic Exchange will be used for the settlement of CME Group’s new shipping container...
Maersk launches differentiated products for long-term contracts
6 Dec 2021 8:39 AM ISTDenmark-based container carrier A.P.Moller-Maersk is offering six standard products for the 2022 tender season: Flat, Seasonal Preset, Seasonal Sync (...
LA/LB ports to go ahead with container dwell fee; time till Nov 15 to clear containers
30 Oct 2021 4:31 PM ISTThe contentious container excess dwell fee is well and truly on across the Ports of Los Angeles and Long Beach.
